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veterans. coming up. cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> every day people changing the world. they'll be honored tomorrow night at our cnn her
. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total
about the cold truth one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. taxes authorities used to seize evidence from warren jeffs. why they are making the move when we continue. so, as we go into this next phase, you know, a big part of it for us is t
, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. hi victor! mom? i know you got to go in a minute but this is a real quick meal, that's perfect for two! campbell's chunky beef with country vegetables, poured over rice! [ male announcer ] campbell's chunky soup. it fills you up right. olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! w
, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> welcome back, everyone. iran says it has captured a u.s. drone that ended its airspace over the persian gulf. we can show you iranians showing off what they say is a scan eagle drone made by
, surprise, obama administration doubles down on green energy and find out how much the taxpayer will have to shell out this time around. and also new at 10, enough obamacare laws are starting to go into effect and for restaurants across the country. one new regulation that could cost businesses millions, again, that's coming up the top of the hour and it will be new at 10. something serious going on here, there are reports that syria is mixing chemical weapons and loading them into bombs. sarin gas is theeprecise weapons grade material they're talking about here. nbc news reports that the the syrian military is waiting for orders from president al-assad to drop the bombs on its own civilians. the united states warned any use of chemical weapons would trigger western intervention. secretary of state hillary clinton meets russian diplomates and syria, chemical weapons, they will be discussed. and now to egypt. five people dead after huge protests in the streets of cairo and hurled rocks, fire bombs to protest morsi's seizure of near unrestricted powers and rush-through adoption of the quick
. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ ♪ one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> president obama and mitt romney face-to-face for the first time since the election. we will tell you how it went and what the former political rivals discussed. i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer
to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> welcome back to the second half of "outfront." we start the second half of our show with story wes care about where we focus on our own reporting from the front lines. mitt romney has a new job. the former presidential candidate will join the board of directors at marriott international. it's actually his third stint serving on the board. job doesn't pay as much as bain capital, but not shabby. directors receive a base pay of $16,000. in 2011, $110,000 in marriott stock and $1,300 fo
on the new $1 trillion coin. i vote for john boehner. eams. one is for a clean, domestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child,
highest level in nearly 15 years. this is according to a new report from the energy information administration. daily production, daily output, averaged almost 6.5 million barrels per day in september, the highest level of oil output in the u.s. since 1998. eia says the increase is mostly due to the extraction process known as fracking, new technology to get oil in every nook and cranny. some coined a phrase saudi america for america's projected energy boom over the next decade. a report from last month from the international energy watchdog says the u.s. could unseat saudi arabia as the world's top oil producer by the year 2020. >>> quick market check this morning, u.s. stock futures are up, fiscal cliff uncertainty could continue to weigh on stocks until it's resolved. we're getting a lot of economic news this week with the jobs report on friday. so i expect to see hurricane sandy was at play in there. >> figuring into that report. looking forward to that. >>> first it was republicans throwing the president's fiscal cliff plan right back at him. now it's the president's turn.
. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> two of the future stars of the republican party appeared together. last night. florida senator marco rubio received the second jack kemp leadership award. the first recipient was paul ryan. here they were. >> as you may know, marco is joining an elite group of past recipients for this award. two of us so far, i'll see you at the reunion dinner, table for two, know in good tables? >> thank you for your invitation for lunch from iowa and new hampshire. i will not stand by and watch the people of south carolina ignored. >> gloria borger, chief political analyst, little, i suppose, that
is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> the families of the jovan belcher and kasandra perkins is responding to the murder/suicide that took both of theirs live. belcher police say shot and killed his girlfriend perkins in front of their home on saturday and drove to arrowhead stadium a
to you. [ applause ] >> stephanie: do not have the -- either the energy or the know-how to get into the big box. he clearly had a lot more to say to me. >> he didn't give you a reason why he wanted to get your -- >> stephanie: my nasty [ bleep ] off the air. >> he just ordered you to. >> stephanie: he said he hopes that i do. >> oh. >> stephanie: i hate to disappoint him. i have no plans unless he knows something i don't know. hmm, speaking of wow. speaking of nasty caroline says steph, i can't believe the 38 republican senators who voted against the united nations treaty to protect the rights of the disabled. this is like a christmas carol. there's poor bob dole off his deathbed in a wheelchair -- >> he's been ill yeah. >> stephanie: last week he was reported to be not doing well. >> slapping him on the back. no, we aren't going to vote for it. it is crazy. >> stephanie: a christmas carol. they're so mean. i hope they say hello to the dodo birds. >> they're pushing bob dole over a cliff in his wheelcha
coined a new phrase, saudi america for america's projected energy boom over the next decade. a report from last month says the u.s. is expected to unseat saudi arabia as the world's top oil producer by 2020. huge implications for foreign policy and how we do business. it's really been an interesting development in the oil patch. >> it will be really nice to talk about something other than the fiscal cliff. i will say that. >> jobs. that's right. >> 25 minutes past the hour. the republican party needs some new younger blood say some pundits. are these the new leaders of the gop, paul ryan, marco rubio, could they already be on the campaign trail? bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! progresso. in what world do
of the report from mary carillo. >> reporter: the brothers rechanneled their perpetual energy and in july observed ramadan with a multistate cross-country teaching tour, reaching 30 mosques in 30 days. including the one that is perhaps america's most controversial, in lower manhattan, located just north of ground zero. >> it's about two blocks away and it's tucked into a little corn somewhere there's just a small, peaceful place to pray. people in the towers who were muslim. >> reporter: among the nearly 3,000 who died at ground zero 60 were muslims. their names rendered in bronze. american flight 11 passenger was seven months pregnant at the time of her death. the teaching tour during ramadan included stops at food kitchens, meetings with youth groups and emphasis on treating women with equality. >> my wife when we were in denver just became muslim. but the brothers have this 15 course meal and the sisters have one piece of pizza to share. so you know, today they were talking about taking care and taking hold of ramadan and not letting the month pass you by. how can we get to that part i
. plus remote access to your home. even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >>> five. >> four. three. two. one. [ applause ] >> eric: well, that was president obama and first family moments ago lighting the white house christmas tree. beautiful sight. one more thing up now. a lot of people ask you why are you in studio. we tell you every day but i'll make it clear for you. go. ♪ >> all right, we're in studio d. a lot of our audience, "the five" audience want to know why we were displaced. there is a good reason. what are you doing with the studio? >> we turned in a winter wonderland. ♪ >> this is our christmas set for the fox and friends special christmas. if you notice we have taken the television -- logo is wrong. >> that is actual fire and i need to feed it. ♪ ♪ >> eric: when you are getting out of here to get back in the studio? >> as soon as we do the program. we have an elf. gutfeld
you fifteen percent or more. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. trying to find a better job can likbe frustrating.gs, so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. >>> and a good morning to all of you. thanks for joining us. i'm deborah feyerick in for carol costello. just in, 18 people are being treated for respiratory issues when a train in new jersey carrying toxic chemicals derailed when
are on the rise and another pulse of energy pointing its way right at northern california. it will be the fourth pulse of heavy wind, rain and snow coming into this area over a five-day period. look at some of the damage out of oakland. a number of homes damaged because of flooding and rains there. roads damaged as well this is widespread, across the bay area, southern parts of oregon, just the infrastructure can't handle this moisture and underwashing some of these roadways. rescues, high water rescues yesterday and over the weekend. you can just imagine when some of these small streams come up and over the roadways, if you're driving through them people get stuck. the crews are brought in to try to get the job done and folks to safety. across napa valley, incredible flooding there. the napa valley seeing some of its worst rainfall in years. look at these numbers. petrolia, california, over 17 inches. bridgeville, 15 inches. that's an incredible amount of rain. to see that much rainfall is truly remarkable. we are seeing more in the way of rainfall across seattle and portland it has stopped for
.com. [ female announcer ] cook, meet compliments. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> a spy agency the size of the cia inside the pentagon. "the washington post" is reporting the defense department plans to send hundreds more spies overseas in an effort to make the agency more attuned to emerging threats and more closely aligned with the cia. let's get some perspective on what's going on. joining us, our cnn national security contributor fran townsend. fran, what sort of immediate effects are we going to see because of this new project with the d.i.a., the defense intelligence agency? >> reporter: wolf, i think most peo
congressional leaders put much of their energy on the ongoing fiscal cliff negotiations. oklahoma representative tom cole who broke ranks with republicans by embracing president obama's plan to raise taxes on the wealthy stuck to his guns this morning. >> if we can give the american people an early christmas present, if they can listen to the debate instead of be worried that their own taxes are going to go up, i think that actually strengthens our hand. i haven't changed my mind. i'm not going to come out here and be disingenuous to people. i think it would be a step in the right direction. >> today john boehner expressed disappointment at where the negotiations stand. as our first read team points out, by siding with the white house tom cole may be helping boehner get the deal he wants. joining me now, political editor mark murray. why do you think tom cole has strengthened the speaker's position, negotiating position he goes in with? >> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to th
morgans, specter energy looks like a good play. we're looking at the 4% to 5% yielders, companies that have a good track record of increasing those yields. we're sticking more with consumer staples. we're definitely tilted towards that defensive end. but we're going to stay there. as long as growth is slow, that's where we feel we can get the best risk adjusted returns for our clients. >> all right. thanks for joining us. mark, good to see you. rick, have a good weekend. gordon, have a good time at the beacon tonight. we're less than an hour from the trade month. kayla rounds up november's big winners and losers. >> hey, bill. the indices may have danced along the flat line for the entire month, but there were clear winners and losers on either side of the tape. to the downside, several companies falling markedly. exelon down 17%. cliff's natural down 21%. pitney bowes down 22%. the biggest laggard is the born-again retailer jcpenney. down 26.5%. some stocks arguably had a better month. computer sciences up around 25%. trip adviser, spun off of expedia, running 27% in november alo
energy companies connected to the keystone pipeline, i mean what we're seeing is basically has all the hallmarks of a tough confirmation battle before her name has been put into nomination. she's effectively fighting this daily drip of revelations and research that's being dug up about her as she tries to get herself on an even keel not knowing whether the president will put her name in. it's a tough situation. >> when you look at this also, there are other things in play, they're thinking about recognizing the syrian opposition, bilateral talks to try to test the resolve of the ayatollah and see if they can negotiate something with iran. a lot of foreign impediments to this domestic agenda. >> no question. and i think hillary clinton is saying she's willing to stick around for a while longer just to see a successor confirmed. i wonder whether she's going to have to make good on that pledge. this hey have to drag out longer than the white house had planned. >> we have to leave it there. mark, margaret and chris, thanks so much. up next, a new strategy for the fight against autism.
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doing to get it back? we're drilling for more oil at home. that could mean more jobs. today the energy information administration said american crude oil production averaged 6.5 million barrels a day in september. that is the best, people, in 15 years. and now our fifth story "outfront." >>> we go from a good story to a bad one. the fiscal cliff. dissension within the ranks. it seems not recall republican lawmakers and conservative groufs are in lockstep with john boehner. earlier i spoke with one gop house member who hasn't been on the same wave length as the speaker recently. he's in senior leadership. here's what deputy whip congressman tom cole told me about those who in the party say taxes shouldn't be on the table. >> for those who say we're putting revenue on the table, the american people did that when they lented, you know, the president and a democratic senate again. again, they have to agree to a deal or tax rates on everybody go up. i think we shouldn't -- we should do everything we can to avoid that for as many people as we possibly can. >> "outfront" tonight, grover norq
great meal with the family at a high energy atmosphere. >> let me ask you, how many of these -- do you own some of these stores? how's your business model work? >> 99 peshz franchise. we have four company restaurants in the atlanta market that we use for training and testing. >> none in jersey yet? are there some here yet? >> there are restaurants in jersey but not company operations. they are all based in atlanta. >> i have never seen one. where would i see one in jersey? >> you will see one, everything from south jersey to north jersey. we have about 25 restaurants. >> how much is a franchise? >> a plan choice fee is $30,000 for a single store deal. >> has to be a lot involved with setting one up, though. >> are there -- mexican food, worst mexican food is great for me. i have asked -- i tried to get everyone to put mexican restaurants in my neighborhood. it is hard to find. i would eat it every night, i think. i'm not sure why. >> biggest challenge that we have with getting more restaurants open. today we have over 340 signed franchise agreements in our backlog. our biggest challeng
to become a leader in global energy production, largely on the strength of the domestic natural gas production. many other countries with large sources of shale are well behind the u.s. in developing their supply because of regulations and a lack of infrastructure. the result could be that the united states and canada will remain leaders in natural gas development for the better part of the next decade. >>> "the washington post," terrorists plotted to unleash a wave of attacks in aumann, jordan. during the ensuing chaos raid the u.s. embassy. this from jourdardanian authori who foiled the plot arresting 11 people. the group planned to carry out attacks with help from al qaeda in iraq and weapons obtained from the civil war in syria. the plan shows al qaeda in iraq is on the rise and becoming a regional influence. >>> and from our parade of papers, in "the boston globe," starting next fall, ten school districts in five states across the country including boston will take part in an initiative to expand the school day, adding as much as 300 hours to the calendar. it's part of a three-
the end of the session. >> thank you very much. let's check out latest news in energy and medals with sharon epperson. >> it's the euro that we see in euro dollar helping commodities and risk on trade across the board in the sector. the fact that we are looking at that euro dollar and above 130 level is significant. also keep in mind that we did get improving factory activity. that pmi data out of china best in seven months. that's also helping the energy sector and technical buying is also contributing because we have nimax crude future, wti contract above that 89.80 level that traders are watching. 112 was the session high. in terms of gold prices, we are looking at new buying for the beginning of the month in gold and that is helping the gold futures contract but also the gold etf market at a record level right now. we've seen retail investors interested in gold not only in buying etfs but also in gold coins and in terms of etf market we look at highest levels we've seen for the year here as we begin the new month. back to you, carl. >> all right. thank you so much for that. i
he lacked energy in this hate letter. matt writes you are a communist [ censor bleep ] -- that would be the c word >> oh. >> stephanie: and pigbitch. all one word. >> that's new. >> stephanie: yeah. i apologize, he did capitalize liar. >> in the middle of the sentence? >> stephanie: right. >> you are not supposed to capitalize a word like that -- >> stephanie: and why not capitalize communist [ censor bleep ]. >> in german, they do capitalize all of the nouns. guess who capitalized all of his nouns, hitler. >> stephanie: all right. let's refer, communist [ censor bleep ] and bigbitch. you are a liar as is that rat sitting next to you. i don't know which one -- >> stephanie: jim sits next to you. i sit across from you. >> what lies did we aledgedly tell? >> stephanie: i don't know rat. you better get your un-american pig ass to china. >> pigbitch. >> stephanie: right. [ applause ] >> stephanie: so that's, you know, an ordinary day for me. how many all y'alls open your indexes and get stuff like that. >> not every day. >> stephanie: have you ever been ca
getting started. lots going on. a new green energy project funded by you the taxpayer. did you know you are one of the prime investors in a new electric car battery? bill: there are new concerns about a north korean rocket launch any day. a top u.s. commander labeling it very dangerous. what is the u.s. doing in response? martha: back at home lawmakers get a look at this video now from the deadly libya terror attack scene. why one congressman said before this happened it looked like people were milling around like a miami street party, then what happened. >> this is supposed to be sovereign u.s. territory, and if people can just come and walk in on us like that without any kind of resistance, really makes your blood boil because you are thinking to yourself. where is the security? progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste t
. at the same time houston gained about 96,000 jobs. los angeles about 78,000. given its record energy production, north carolina has been named as the best-run stat. wyoming slips to second in this year's 24 sln 7 wall street.com rankings. nebraska is third. california wins the dubious distinction of the worst-run state just ahead of rhode island and illinois. >>> well, cold play dreams of paradise. but americans who seek it in hawaii have a steep price to pay. the rainbow state tops a new cold well banker list of the most expensive states for home buyers. the average listing for a four bedroom two bath home going for nearly $750,000. massachusetts is about $300,000 less but still the second most expensive state. california is the third priceyest with a $430,000 price tag on average. the most affordable listings, nebraska where the average listing is about $145,000. iowa and georgia ranked second and third least expensive. those are your number ones here on "weekends with alex witt." tht a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot?
energy with this. 80-mile-an-hour wind gusts near lake tahoe. 72-mile-per-hour wind costs in carson city. winds have been damaging. rainfall excessive. they are looking for a ton more. pin crest california, over six inches. here is the radar filling in across san francisco. a little bit of rain there. notice it turns to snow at the highest elevation. this is the second of three waves. one came through yesterday. the third on sunday. another one behind that on tuesday. tremendous amount of rain with this. could see over ten inches in some spots. one to three inches of snow. it's not a huge help. east of mississippi is looking good. chilly in up state new york. snow across northern new england. by the way, last day of hurricane season. thank goodness. >> yeah! that's a cause for celebration. >> absolutely. >> thank you. appreciate that. 51 minutes past the hour. a packed hour including the wall before the fiscal cliff. a top republican laughing at the white house plan saying it's big on taxes, sketchy on cuts. more on the deadlock that could cost all of us as those holiday bills come in. w
. also kevin book who is managing director at clear view energy partners. and joe, let's start off talking about the dollar. i can't make heads or tails of why the dollar is under so much pressure. i know things are bad here, we're worried about the fiscal cliff. but look at what's happening in europe and it doesn't really create a whole lot of feeling about why it should be at these levels. >> the dollar has been reactive. the dollar and euro have been reactive for four years now. to almost the same stimulus, the same motivation for the traders. and that's whether people need safe haven, whether they need to move to treasuries and other things. and it's the same issue here. when things look bad in the summer. when spanish rates are up about 7.6%, then everyone is fleeing to the dollar. you get a lot of long dollar positions in the currency markets. and all that happens is when that subsides, then those positions are unwound. you're not really looking at a new trend here. you're not seeing something that has changed traders' minds about whether the dollar is getting better, whether
Search Results 0 to 35 of about 36 (some duplicates have been removed)